Strive Adds 1,110 Bitcoin in $81.5 Million Purchase

Strive is a publicly traded asset manager and Bitcoin treasury company whose capital-raising strategy is designed to expand its cryptocurrency holdings. The approach gives equity investors leveraged exposure to Bitcoin but also ties the company’s balance sheet and share performance closely to the volatile asset. Its rise in the rankings underscores renewed accumulation by corporate treasury firms and the growing role of listed companies as institutional holders of Bitcoin.

In an Aug. 31, 2026 regulatory filing, Strive said it spent about $143 million to acquire 1,800 Bitcoin between Aug. 24 and Aug. 28 at an average price of $79,431, including fees and expenses. The purchase lifted its holdings to 23,156 Bitcoin, surpassing Bullish’s 22,000 and making Strive the fifth-largest public corporate holder. TD Cowen raised its ASST price target to $32 from $28, maintained a Buy rating and projected holdings of 27,156 Bitcoin by year-end.

Strive is a publicly listed U.S. company that holds bitcoin on its balance sheet and has continued buying BTC to bolster its corporate treasury strategy. The move reflects growing acceptance on Wall Street of bitcoin as a long-term reserve asset, while making the size and performance of the company's holdings important metrics for shareholders.

Strive said it spent about $185 million to buy 2,500 bitcoin in the latest week of May, increasing its total holdings to 19,000 BTC. CEO Matt Cole said the company's bitcoin yield had reached 36.7% so far this year. During the same period, Michael Saylor's Strategy sold 32 BTC.

US asset manager Strive (Nasdaq: ASST) has incorporated Bitcoin into its corporate capital allocation. It is raising funds through SATA variable-rate perpetual preferred stock to expand its digital-asset strategy. The model combines traditional asset management with a Bitcoin treasury strategy, making the size of Strive's holdings an important gauge of corporate Bitcoin adoption.

Strive disclosed on May 26, 2026, that it had spent about $85.4 million to acquire 1,109 Bitcoin at an average price of approximately $76,989 per coin. The purchase increased its total holdings from 15,391 BTC to 16,500 BTC. The company continues to attract capital through digital credit products including SATA to fund further Bitcoin allocations.

Strategy, formerly known as MicroStrategy, has continued raising funds through equity and debt instruments to buy Bitcoin under Michael Saylor, making BTC a core asset. The company recently raised capital through STRC perpetual preferred stock carrying an 11.5% dividend rate. Saylor said an annual Bitcoin gain of more than 2% would be enough to cover the dividend, underscoring the company's highly leveraged capital strategy.

Strategy added 3,468 Bitcoin on April 10, according to the latest report, which did not disclose the dollar value or average purchase price of the transaction. The purchase brought the company's total Bitcoin holdings close to 770,000 BTC. As proceeds raised through STRC continue to be converted into Bitcoin, the company's holdings are moving toward a new milestone.

Strive (Nasdaq: ASST) is an asset-management and structured-finance company focused on increasing its Bitcoin holdings per share, while Strategy (Nasdaq: MSTR) is a major corporate holder of Bitcoin. The allocation shows corporate treasury strategies expanding beyond direct BTC purchases into dividend-generating preferred shares issued by industry peers.

Strive said on March 11, 2026, that it had purchased an additional 179 Bitcoin. It held 13,311 Bitcoin worth about $930 million as of March 9. The company also spent $50 million on 500,000 shares of Strategy’s STRC variable-rate perpetual preferred stock and raised SATA’s annual dividend rate by 25 basis points to 12.75%. A dividend of $1.0625 per share will be paid on April 15.

Strategy, formerly known as MicroStrategy, has treated Bitcoin as a core treasury asset since 2020 and has long financed purchases through sales of common and preferred stock. The strategy has made it the world’s largest corporate holder of Bitcoin, but its high-interest financing costs and exposure to cryptocurrency price swings remain under market scrutiny.

Strategy raised funds by selling Class A common stock and preferred stock from March 2 to March 8, 2026, then spent about $1.28 billion to buy 17,994 Bitcoin at an average price of $70,946 each. The transaction increased its total holdings to 738,731 Bitcoin, continuing its long-term Bitcoin treasury strategy.

Strategy, formerly known as MicroStrategy, is the world’s largest publicly traded corporate holder of Bitcoin. It has long raised funds through stock and bond issuance to buy the cryptocurrency, which it treats as a core reserve asset. The size of its holdings can affect both the company’s financial risk and market confidence, making each purchase closely watched by investors.

Strategy raised funds through an at-the-market (ATM) stock offering in late February 2026 and spent about $204 million to buy 3,015 Bitcoin at an average price of roughly $67,700 each. This was the company’s 101st Bitcoin purchase. The transaction increased its total holdings to 720,737 Bitcoin, formally taking the figure above 720,000.